Merafe Resources Ltd 2011 IR
The report highlights Merafe Resources Limited's performance for the fiscal year ended December 31, 2011, including its 20.5% participation in the Xstrata-Merafe Chrome Venture. During the year, the company achieved an EBITDA of R379.8 million and secured an R800 million long-term debt facility to fund its participation in Project Lion II and Project Tswelopele. Despite a 12% reduction in ferrochrome production due to weaker global demand, the company improved its total recordable injury frequency rate (TRIFR) by 15% to 3.90. However, the company tragically recorded two fatalities in its smelting operations. Merafe was also recognized as a Best Performer on the JSE Socially Responsible Investment (SRI) Index for the fifth consecutive year.
Company: Merafe Resources Ltd
Sector: Materials
Country: South Africa
Year: 2011
Type: IR
Pages: 200
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Merafe Resources Ltd
Integrated Annual Report
The report highlights Merafe Resources Limited's performance for the fiscal year ended December 31, 2011, including its 20.5% participation in the Xstrata-Merafe Chrome Venture. During the year, the company achieved an EBITDA of R379.8 million and secured an R800 million long-term debt facility to fund its participation in Project Lion II and Project Tswelopele. Despite a 12% reduction in ferrochrome production due to weaker global demand, the company improved its total recordable injury frequency rate (TRIFR) by 15% to 3.90. However, the company tragically recorded two fatalities in its smelting operations. Merafe was also recognized as a Best Performer on the JSE Socially Responsible Investment (SRI) Index for the fifth consecutive year.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees